Image source: The Motley Fool. Stoneco LTD (NASDAQ: STNE)Q3 2022 Earnings CallNov 17, 2022, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood evening, ladies and gentlemen, and thank you for standing by.
StoneCo Ltd. (STNE) delivered earnings and revenue surprises of 66.67% and 0.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Revenue of R$2,508 million, +71% year over year and above guidance of over R$2,400 million; Adj EBT of R$211 million, significantly above guidance and +97% higher quarter over quarter; Acceleration in net addition of MSMB clients to 248,000 in 3Q22 GEORGE TOWN, Grand Cayman, Nov. 17, 2022 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”) today reports its financial results for its third quarter ended September 30, 2022. “Dear Shareholders, I am pleased to report to you t